marx had that communal dick Flashcards
influences
- hegel –> history consists of struggle between opposing forces
- max weber –> rise of Protestantism led to capitalism
dialectical materialism
history is born of material condition
the path of history lies in the relationship of people to production
why is religion the “opium of the people”
as long as people could project onto God, they would passively accept material conditions and injustice
relationship between capitalism & socialism
capitalism is a necessary precondition for socialism because capitalism produces so much
labor theory
profits come from the exploitation of labor
marx’s 5 laws of capitalism
- falling profit rates and accumulation of capital
- increasing concentration of economic power
- deepening crises and depressions
- industrial reserve army
- increasing misery of the proletariat
10 point plan
- abolition of property in land
- heavy progressive or graduated income tax
- abolition of all rights of inheritance
- confiscation of the property of all emigrants and rebels
- centralization of credit in the hands of the state through a national bank with state capital and an exclusive monopoly
- the centralization of the means of communication and transport in the hands of the state
- extension of factories and instruments of production owned by the state
- equal obligation of all to work
- combination of agriculture with manufacturing industries
- free education for all children in public schools
criticisms of marx
- looks down on human capital
- capitalism has helped the standard of living to grow(?)
- doesn’t stand against against modern economic theory/job diversity
ratio of exploitation
ratio of surplus value to wage
variable capital vs. constant capital
variable capital –> labor
constant capital –> factories, equipment
what is hegel’s dialectic shi
the new thesis faces its antithesis, creating a synthesis
